As illustrated, tech stocks slump ahead of Fed release. Expect further decline
Go long based on price action and if trendline is respected. Beware of liquidity sweeps.
Greetings community The precious metal is YET to get more precious. With price set to decline from it's critical resistance, anticipate short's from $1800's to mid $1600's. Technically, within a descending channel, we can have anticipation of formation of a double bottom (W) at the demand zone which would then lead us to the all time high (ATH) above $2000. Once...
Greetings community As the crypto giant sets the tone and leads the pack, it is evident to see examples of 'impulse-correction-impulse', or 'drop-rally-drop'. Whilst down significantly, it is still up significantly to early adopters. It is sometimes good to remember that even with this plummet, BTC still is, and will always have the highest growth factor and ROI...
Greetings community I have illustrated my outlook on ETH/USD, which to me seems to be corrective, and headed to complete it's cycle to the downside, in addition fundamental's seem to be hand in hand with these technical's as of current. The chart clearly indicates direction and predictable behavior of the asset, with price trading just under $1700, it is merely...
Greetings community Nasdaq, like with any asset, has two potential scenarios: long or short, however, it is crucial to identify the vast price movement, rather than to bicker about insignificant price jumps. I have illustrated my view, clearly indicating what matters, well to me. Below is text of the two scenarios that have most relative: 1) The price point...